17 PH tycoons on Forbes’ global billionaire list

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Seventeen tycoons from the Philippines – led for the third straight year by “brown taipan” Manuel “Manny” B. Villar – made it to Forbes magazine’s 2021 list of wealthiest people on the planet. | Philbizwatcher

Still at the top of the heap is outgoing Amazon CEO Jeff Bezos, who has an estimated net worth of $177 billion while Tesla and SpaceX founder Elon Musk pole-vaulted into the number two spot with an estimated wealth of $151 billion, up from No. 31 last year.

“It was also the first time that the combined net worth of the world’s billionaires crossed into double-digit trillions. In the Philippines, most of the tycoons were able to grow their net worth despite the prolonged pandemic.

 

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Philbizwatcher Yet, none of them has been able to influence getting PH desperately needed vaccines to get the country back on its feet. *pffft!*

Philbizwatcher laws here are pro rich- for example is the rich can build banks. people will dep their money there for a very small interest. The owner can then use that money to build more business for him with almost no interest. sounds fucked right?

Philbizwatcher The rich are getting richer. The poor are getting poorer. Whichever. To walk on earth is already a great experience.

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